Press Releases

The Leumi Group's Q2/10 Financial Statements

Net Profit of NIS 1.256 billion ($324 million) in the first half of 2010

Compared with NIS 936 million ($241.6 million) in the first half of 2009, an increase of 34.2%

Netprofit of NIS 660 million ($170.3 million) in the second quarter of 2010

Compared with NIS 507 million ($130.8 million) in second quarter of 2009, an increase of 30.2%

Net operating profit amounted to NIS 1,070 million ($276.1 million) in the first half of 2010, and NIS 478 million ($123.3 million) in the second quarter of 2010

Net return on equity: 11.5% for the first half of 2010 (on an annual basis) and 12.1% for the second quarter of 2010 (on an annual basis)

Leumi's Board of Directors in its meeting on 30.8.2010 approved the distribution of a dividend of NIS 500 million in respect of profits for the first half of 2010. The dividend distribution is subject to approval by the General Meeting of the Bank

The capital adequacy ratio at the end of the first half of 2010, after payment of the dividend, reached 14.78% of which Core Tier I capital was 8.52%

There was continued credit growth: credit to the public increased by 3.8% in relation to the end of 2009 and amounted to NIS 212.5 billion ($54.8 billion)